Direct Property

This option holds units in portfolios focused on core, high-quality properties – mainly CBD office buildings and large shopping centres. Returns may come from both rental income and capital growth.
8.86%
9.91%
10-year average
annual super return
as at 30 June 2020
10-year average
annual pension return
as at 30 June 2020
For the returns over various time periods see the performance page.

Why you’d invest

Invest in this option if you have an investment timeframe of at least five years. It’s for those keen to generate returns by investing directly in property, who are comfortable with a higher level of risk.

The minimum investment timeframe is 5+ years. 

Return objective

To outperform the return of the direct property market as measured by 90% MSCI/Mercer Australian Pooled Property Fund Index and 10% of the US NCREIF Open-ended Diversified Core Equity (ODCE) Index (AUD Hedged).

To achieve returns after tax and fees that exceed the inflation rate by at least 3% per year (over rolling 10-year periods).

Risk level

Medium to high
The likelihood of a negative annual return is 4.0 in every 20 years.
The risk level is based on the Standard Risk Measure.
Medium to high
The likelihood of a negative annual return is 4.0 in every 20 years.
The risk level is based on the Standard Risk Measure.

Asset class mix

Allocation table for Super & TTI

Asset class Benchmark Range
Direct property 100% n/a

Allocation table for Pension

Asset class Benchmark Range
Direct property 100% n/a

Fees

The following example shows the total investment fee you would pay if you had $50k invested in our Direct Property option. These fees aren’t paid directly from your account.

Investment fee
Investment fees

0.04%

This fee is deducted from the Fund’s assets and is reflected in the daily unit price for the Direct Property option.

Indirect cost ratio
Indirect cost ratios

0.56%

This fee is deducted from investment returns received from, or assets of, underlying investment vehicles and reflected in the daily unit price for the Direct Property option.

Total
investment fee

0.60%

$50k balance = $300* total of investment fees.

*Represents the investment fee only. An administration fee also applies to the total cost of the product.

Add the investment fee and the indirect cost ratio together, then multiply the percentage by your balance.
(0.04% + 0.56% = 0.60%) x $50,000 = $300

See fees and costs for further information.

Investment fee
Investment fees

0.04%

This fee is deducted from the Fund’s assets and is reflected in the daily unit price for the Direct Property option.

Indirect cost ratio
Indirect cost ratios

0.56%

This fee is deducted from investment returns received from, or assets of, underlying investment vehicles and reflected in the daily unit price for the Direct Property option.

Total
investment fee

0.60%

$50k balance = $300* total of investment fees.

*Represents the investment fee only. An administration fee also applies to the total cost of the product.

Add the investment fee and the indirect cost ratio together, then multiply the percentage by your balance.
(0.04% + 0.56% = 0.60%) x $50,000 = $300.

See fees and costs for further information.

More about investing
Fees and costs
Fees and costs
Each of our investment options has its own set of fees that covers the costs of managing your investments.
See our fee structure  
Investment returns
Investment returns
Discover how your investments measure up against their return objectives and industry benchmarks.
Check our performance  
Your investment choices
Your investment choices
No two CareSuper members are the same so we offer 13 different investment choices.
Explore your choices